Capstone Partners served as exclusive financial advisor to Walpole Outdoors in its sale to Argosy Private Equity, a Wayne, PA-based private equity firm with more than $1.3 billion of capital under management.
With an 80+ year legacy, Walpole is the nation’s leading direct-to-consumer brand for premium outdoor residential products, admired for superior craftsmanship, unmatched customer service and a timeless, sophisticated design aesthetic.
The Company is a vertically-integrated manufacturer, marketer and installer of premium fences, mailbox and lantern posts, and outdoor structures including pergolas and arbors offered in both wood and low-maintenance AZEK cellular PVC.
Walpole retained Capstone Partners to explore strategic alternatives and attract a partner to capitalize on the Company’s multifaceted growth opportunities.
Argosy Private Equity, an investor in growing middle market companies since 1990, plans to work with management to implement growth strategies and operational improvements while maintaining the Company’s brand authenticity.
The Walpole Outdoors brand represents an 80+ year heritage of providing the highest quality, premium outdoor products. Unlike others in the category, we focus on nurturing direct consumer relationships via an omni-channel model that includes terrestrial retail locations and a strong online presence. We chose [Capstone Partners] as our advisor because they had the perfect blend of experience representing market-leading brands, with a wealth of transaction history in our sector and with other direct-to-consumer businesses. Most important, though, was the personality fit between our organizations. [Capstone Partners] brings the highest level of client care to each of their projects, which is the exact same mentality we embrace at Walpole Outdoors. [Capstone Partners]’s expertise, dedication and senior-level attention created a very successful outcome – we are excited about our new partner and our collective plans to continue to grow the Walpole brand.
